Closing or settlement costs are expenses over and above the price of the property. Both the buyer and seller incur some of these expenses when transferring ownership of a property. Who actually pays, however, often depends on local custom and what the buyer or seller negotiates. Closing costs normally include title insurance, loan points, escrow or closing day charges, property taxes, and document fees. The lender provides an estimate of closing costs for prospective homebuyers.
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Developing and nurturing a solid social media footprint is an essential part of a real estate agent’s marketing arsenal, but it can also be a time-consuming one to boot. Take a look at some of these solutions. Read More
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